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Chartered Q2 views
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jessie
Senior |
01-Aug-2006 14:17
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I had very bad experience on this stock. I was very new then and just started to trade. Jumped in when price drop drastically to about $3. Bought some more when price drop further to average. Bought further more when price drop further still. Total bought at average price of $2.25 and then finally cut great loss by selling at $1.19. Subsequently, I learned from attending talks and seminars that this is what they call "catch the falling knife". Blue chip stock can also make you "Blue black"...... |
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tanglinboy
Elite |
01-Aug-2006 08:59
Yells: "hello!" |
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I jump in and kanna fried like goreng pisang... now don't dare to jump anymore. |
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billywows
Elite |
31-Jul-2006 23:15
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Haha! No la, I never like CSM and StatschP at all. Their daily volumes are interesting .... easy to jump out and in. |
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Livermore
Master |
31-Jul-2006 23:10
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I hope you are not falling into one of the sins of stock trading i.e"falling in love with a stock" |
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billywows
Elite |
31-Jul-2006 23:03
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Yup, that's a good choice too .... But I am into CSM and StatschP this while. Thanks, Livermore! |
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Livermore
Master |
31-Jul-2006 23:01
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Try Chartered's cousin UTAC:) |
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billywows
Elite |
31-Jul-2006 22:58
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Yalor, its down pretty bad now .... Sigh! But I am still confident of its fundamentals as with today's paper report on CSM. Looking forward to its Q4 earnings in Jan '97. Let wait & see ya. |
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Livermore
Master |
31-Jul-2006 22:53
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Chartered is chartering into "unknown" waters. Don't charter this "boat" or it could "sink" you |
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BullRun
Elite |
31-Jul-2006 22:48
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Look like many given up already hah. My take is to continue to avoid it. More downside in the months ahead.... |
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BullRun
Elite |
28-Jul-2006 23:26
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Nostradamus, I bought CSM during its IPO and managed to offload at few hundred % again. Since then, I had been monitoring this company fundamentals hoping to see if I have a chance to go in again to repeat history......look like I'm running out of time on this....will continue to avoid!! |
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billywows
Elite |
28-Jul-2006 22:55
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(This article was originally published Thursday)
REDMOND, Wash. (MarketWatch) -- Microsoft Corp. (MSFT) reiterated its financial guidance for fiscal 2007.
The software company said it expects to earn $1.43 a share to $1.47 a share in the fiscal year and bring in revenue of $49.7 billion to $50.7 billion, said Chief Financial Officer Chris Liddell. The company had first offered the guidance on a fourth-quarter conference call last week.
Speaking at a meeting for analysts, Liddell went on to say Microsoft will continue to be on the prowl for acquisitions in the coming fiscal year. The company made 23 acquisition in fiscal 2006 with a value of $649 million.
Liddell also said Microsoft would continue making "big bets" with its investment capital in fiscal 2008. The company has planned $2.7 billion in investment spending in fiscal 2007, surprising analysts by its size.
The company will justify the spending by targeting opportunities with substantial payback, he said, Liddell went on to defend Microsoft's falling margins in fiscal 2006 saying investments in its Xbox console gaming business and online advertising businesses were worth the extra spending.
He repeated to analysts that he expected margins would be down again in fiscal 2007, citing the need to spend on the Xbox and online businesses and in launching new products including Vista and Office 2007.
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billywows
Elite |
28-Jul-2006 22:45
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Microsoft Nears Xbox Profitability By Bill Snyder TheStreet.com Senior Writer 7/27/2006 5:57 PM EDT REDMOND, Wash. -- Microsoft's (MSFT - commentary - Cramer's Take) money-losing Xbox 360 will become profitable next year, says the company's entertainment czar. Moreover, the entire Entertainment & Devices Division is headed for "sustained profitability" in the same time frame, Robbie Bach, the unit's president, said at the company's analyst day on Thursday. That profit will have been a long time coming. The Xbox 360 and its predecessor have consistently lost money on a per-unit basis, and game software sales have not been strong enough to pull the group into the black. In the fourth quarter, for example, the Home and Entertainment group, responsible for the Xbox 360, grew revenue strongly, to $1.14 billion from $587 million the year before. But the unit also doubled its loss to $414 million. Bach also made it clear that despite persistent rumors to the contrary, the company is not planning to cut the price of the Xbox. "We're comfortable" with the current pricing, he said. Industry sources say that Sony (SNE - commentary - Cramer's Take), maker of the upcoming Playstation 3, faces manufacturing problems that will likely keep the new version of console in short supply when it debuts later in the year. Given that, Microsoft would rather keep the margin then cut prices to build share. Bach disappointed many of the people attending the event here by failing to give many more details of the Zune, Microsoft's answer to Apple's (AAPL - commentary - Cramer's Take) popular iPod. He did say that the Zune, expected to debut by the end of the year, will not be profitable for the next few years, and he indicated that marketing will be a major expense. ---------------------------------------------- Is this good news or what? |
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Nostradamus
Supreme |
28-Jul-2006 20:30
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Bullrun, I didn't know that you're interested in this counter. |
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BullRun
Elite |
28-Jul-2006 19:44
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Nov is just too late to meet Christmas demand...you will know what I mean if you work in manufacturing sector...since they already said the next Q is not going to be great I will continue to avoid it..Unless I decided to have some fun!! |
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passo695
Member |
28-Jul-2006 19:32
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Not likely to fall further. From the trend, the support is at 1.06. with PSP3 in Nov, any upside from US will bring this counter up. |
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singaporegal
Supreme |
28-Jul-2006 15:40
Yells: "Female TA nut" |
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downtrending will continue! |
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BullRun
Elite |
28-Jul-2006 13:02
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I'm not a punter, so......... Will continue to avoid ! |
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Nostradamus
Supreme |
28-Jul-2006 10:52
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Live data on Nasdaq. |
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Nostradamus
Supreme |
27-Jul-2006 21:20
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CSM's price had outperformed TSMC's, hence there are downside risks ahead as CSM's valuation fall towards TSMC's. Xbox and AMD will not be able to offset the other bad news. |
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billywows
Elite |
27-Jul-2006 18:32
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Sony swings to profit on LCD TVs, camera sales
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